Lange, T., 2005. A Theory of the Firm Only a Microeconomist Could Love? A Microeconomist's Reply to Lubatkin's Critique of Agency Theory. Journal of Management Inquiry, 14 (4), pp. 404-406.
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Despite recent criticism of agency theory to inform corporate governance research, the author of this article remains wholly unconvinced and argues that the theory has much to offer to help scholars understand organizational complexities. In response to Michael Lubatkin’s critique of agency theory, he highlights shared interests between the scholarship of organizational behaviorists and microeconomists and contends that both discipline areas can do more than merely coexist.
|Uncontrolled Keywords:||principal-agent model • effort aversion • marginal behavioral traits|
|Subjects:||Technology > Business, Management and Marketing|
|Group:||Business School > Centre for Research in Management|
|Deposited By:||Mrs Jean Harris|
|Deposited On:||01 Jun 2009 21:44|
|Last Modified:||07 Mar 2013 15:08|
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